Action: The council tabled a proposal to amend commitments concerning the Pulte Homes Fortune Property.
- What’s next: The ordinance will be discussed at the next council meeting on Aug. 20.
Action: The council voted unanimously to approve the Lakes at Town Road III Planned Unit Development (PUD) District.
- What it means: Twelve single-family lots will be added to the Lakes at Towne Road subdivision, located on the west side of Towne Road at 136th Street.
- What happens next: Developer Shoopman Homes will be able to sell and construct up to 12 single-family homes on the site.
Action: The council voted to reject an ordinance amending the qualifications of BZA Hearing Officers.
- What it means: Former members of the Board of Zoning Appeals will not be eligible to act as BZA Hearing Officers.
Action: The council unanimously approved an ordinance amending commitments concerning the development of the Gramercy project at Mohawk Hills Apartments.
- What it means: Gramercy developer Buckingham Co. will be able to move forward with a scaled-down version of its redevelopment plans at the Mohawk Hills Apartments.
- What’s next: Buckingham will be able to redevelop the site while keeping the existing Mohawk Hills buildings.
Action: The council held a first reading and public hearing on the proposed Highpointe on Meridian PUD, which would be located near the intersection of 136th and Illinois Streets.
- What it means: Having already been before the planning commission, the PUD came before the council for an official first reading, which enters it into the legislative process.
- What’s next: The PUD proposal will go before the Land Use, Annexation and Economic Development Committee, which next meets Aug. 28.
Action: The council held a first reading of an ordinance to refinance approximately $195 million worth of debt incurred by the Carmel Redevelopment Commission.
- What it means: If approved, the City ofCarmel would agree to guarantee loans issued by the CRC with municipal bonds. In exchange, the debt would be refinanced at a lower rate, expected to save $12-$20 million in interest payments.
- What’s next: The ordinance will go before the Finance, Administration and Rules committee at its meeting Thursday.